MACRS Depreciation Calculator

With this handy calculator, you can calculate the depreciation schedule for depreciable property using Modified Accelerated Cost Recovery System (MACRS).

The MARCS depreciation calculator creates a depreciation schedule showing the depreciation percentage rate, the depreciation expense for the year, the accumulated depreciation, the book value at the end of the year, and the depreciation method used in calculating.

Follow the next steps to create a depreciation schedule:

First, enter the basis of an asset, and then enter the business-use percentage

Next, select an applicable recovery period of property from the dropdown list

Finally, input the date the property was placed in service, and then click the "Calculate" button.

MACRS Depreciation Calculator

Basis ($)

Business Usage (%)

Recovery Period (Years)

Depreciation Method

IRS Convention

Date Placed In Service

What is MACRS Depreciation?

The Modified Accelerated Cost Recovery System, or MACRS is the primary method of depreciation for federal income tax purposes allowed in the U.S. to determine depreciation deductions.
The MACRS system of depreciation allows for larger depreciation deductions in the early years and lower deductions in the later years of ownership.
Under MACRS, the deduction for depreciation is calculated by one of the following methods: